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We live in an age when our technology devices are so intuitive that any 3-year-old can download the apps for Pokémon, Lego Duplo World, or their favorite game in 30 seconds on an iPhone. As professionals, we often wish that the technology we use in our work lives was equally intuitive and user-friendly, especially since. Read more How to Make Technology a Friend, Not a Foe.
When we hear the word ‘agile,’ most would think of athletes and fitness. But in business parlance, agility is understood differently. It is the ability to adapt seamlessly. This agility or flexibility is an important aspect of various business systems in use today. In the context of supply chains and logistics, agility refers to how quickly businesses can adjust to the latest developments in the industry.
In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? My insight? There is no standard answer. Excellence is actively sought but seldom defined for business teams. Most teams are on a journey without a clear compass. Supply chain excellence is harder to define than to say. To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating
Every business ? regardless of size, industry, or market ? can relate to the same challenge: customer frustration. It’s incredibly complicated to pinpoint when an order will ship and when it will arrive. Components and raw materials are still in short supply, logistics services remain delayed, and demand shifts and shocks are consistently unpredictable.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Insights market data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal video commentary.
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Abstract. Supply chain is easier to say than define. The Supply Chains To Admire report analyzed improvement, performance, and value for the years 2012-2021. Twenty-two companies outperform their peer group. Supply Chains to Admire 2022 – Report v4.0-web. Powered By EmbedPress.
Shortly after Facebook started talking about The Metaverse and changed its corporate name to Meta, another “-verse” was introduced: Icelandverse. As the video explains, “The Icelandverse is unlike any other open-world experience with ‘-verse’ in name, because it’s real. Plus, you don’t need a funny-looking VR headset.” My wife and I just returned from The.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
The late business guru Stephen Covey once stated, “There are three constants in life… change, choice, and principles.” Supply chain professionals, currently struggling with a relentless stream of challenges, can attest to how rapidly the world is changing and how difficult the choices are they have to make. And, in some cases, those choices involve principles supporting human rights.
By Sachin Jangam (pictured). CPG, Retail & Logistics Lead, Infosys Consulting. The post Smart, data driven stock-buying initiatives will be the key for supermarket survival appeared first on IT Supply Chain.
It’s halftime. Unlike the Super Bowl, there are no funny commercials or halftime shows to keep us entertained. Chances are the first half of 2022 didn’t go exactly as planned, just like in 2020 and 2021. So, the question now in the supply chain locker room is, what adjustments do you need to make to. Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q2 2022).
Negotiation is key to business success. Successful negotiation involves good interpersonal and communication skills used together to bring a desired result. For procurement professionals, it’s a core skill that’s essential to be well practiced in. A good negotiator can ensure the right prices are secured, which makes a significant contribution to an organization’s success.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Who was America’s first business consultant? A good candidate would be Frederick Winslow Taylor, the “scientific management” guy from 100 years ago. Born in 1856, Taylor’s ideas about how to most efficiently organize factory work tasks were present at the creation of mass production in the early 1900s. Once popular. At the. Read more Why Resiliency Is The New Efficiency – And What You Can Do About It.
Manufacturers are facing a unique set of constraints and efficiency has never been more important to the industry than now. Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. Since its beginnings as the Toyota production system, lean manufacturing has impacted the way industries produce goods and when implemented correctly it will deliver desirable benefits like improved quality, lead times and productivity.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
Weber Logistics has promoted three key company leaders to vice president roles, strengthening the company's ability to help customers drive supply chain excellence in an increasingly complex marketplace. All will report to Weber EVP & CFO, Maggie Movius.
Supply chain leaders have been hearing about – and suffering from – the bullwhip effect for quite a while now. What is it and what can we do to strengthen supplier relationships, improve demand and supply chain planning, and simplify supplier collaboration? What is the Bullwhip Effect? While it’s been around for decades, the bullwhip effect has reared its ugly head recently in response to the unprecedented impacts of the COVID-19 pandemic combined with existing weaknesses in the supply chain.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
The U.S. could establish a more resilient supply chain and protect the economy from global disruption. Without government aid, intervention and subsidy, however, this is no more than a pipe dream.
In today’s DIVE In blog, Kristin Szekat, Innovation and Incubation, VP at DHL, shares her thoughts on diversity and inclusion, personal anecdotes, and advice to r each your goals in our “Fearless Females of Supply Chain” Blue Yonder Live. A Blue Yonder customer, Kristin has over 20 years of experience in logistics and supply chain. She offers insight into the obstacles she has faced and how confidence and believing in oneself is the most vital ingredient for success.
In the past 12 months, we published two blog posts titled Inflation is Back Up – Are you Ready? and Use Forward Buying to Gain Profit During Inflation , which explores the benefits of inflationary profits for wholesalers. One of our customers even called this period “a chance of a lifetime.” That was when Janet Yellen and the Fed thought inflation would be “transitory.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
A lithium producer for carmakers including BMW AG and Tesla Inc. is beginning work to assess battery metals projects in Xinjiang, deepening links between electric vehicle supply chains and a region at the heart of human-rights allegations against China.
The right product at the right price at the right time. That’s the promise we all make to our customers. Even in the most stable, predictable markets, it can be a difficult promise to keep. In the EV world, very few can live up to it. What works in the lab may be that killer product, that game-changer for the industry, but until it hits the market at a price that delivers the value the customer wants, it might as well not exist.
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